According to a new market research report, "Education Technology (Ed Tech) and Smart Classrooms Market by Hardware (IWB, Projectors, Displays, Printers), Systems (LMC, LCMS, LCDS, SRS, DMS), Technologies (Gaming, Analytics, ERP, Dashboards) - Global Forecast to 2020", published by MarketsandMarkets, published by MarketsandMarkets, The global Education Technology (Ed Tech) and Smart Classrooms Market is expected to grow from USD 43.27 Billion in 2015 to USD 93.76 Billion in 2020, at a CAGR of 16.7% during the forecast period from 2015 to 2020. .

The market report defined and segmented with an analysis and forecast of the global and regional opportunities in this market. It also highlights the drivers and restraints for this market along with various insights on trends, opportunities, and challenges

The concept of a smart classroom stems from the incorporation of the latest advancements in the education technology and solutions. Smart Classrooms require investments for the purchase of hardware and software products. Its end-users are schools, colleges, universities, and other institutions that offer professional courses for students and learners all over the world. There are various new tools that have been developed in the Ed Tech and Smart Classroom market, which help educators and instructors to keep a track of the progress of the students. These are further augmented by social, mobile, and video learning. Instructors have begun to connect with their students by using network and communication channels across the globe. Ed Tech engulfs innovations that help educational institutions or universities, which deploy large amounts of data and interactions across various students engaged in different systems, such as learning management systems (LMS), student information systems (SIS), and student response systems (SRS).

The Global Education Technology (Ed Tech) and Smart Classrooms Market is segmented on the basis of enabling technologies, such as educational gaming, educational analytics, educational ERP, educational security, and educational dashboards. The regions covered in this report are North America (NA), Europe, Asia-Pacific (APAC), Middle-East and Africa (MEA), and Latin America (LA).

The global Education Technology (Ed Tech) and Smart Classrooms Market is expected to grow from USD 43.27 Billion in 2015 to USD 93.76 Billion in 2020, at a CAGR of 16.7% during the forecast period from 2015 to 2020. Educational cloud is expected to be the largest adaptor for technologies used in the education sector in current situation. In terms of regions, North America is estimated to be the largest market for the Ed Tech and Smart Classroom market.

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.